EPTInflation and Exchange Rates - Page 2
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Whitewing
United States7483 Posts
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itsjustatank
Hong Kong9145 Posts
On October 02 2012 06:24 Whitewing wrote: Is inflation of the currency before the exchange rate to U.S. dollars being taken into account? This isn't how inflation analysis works. Inflation has one reference point, the year to which you want to relate all other dollar amounts. As such the inflation rate between the year 1978 dollar and the 1986 dollar doesn't matter if you want to actually know what both amounts are in terms of 2012 dollars. | ||
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Whitewing
United States7483 Posts
On October 02 2012 06:33 itsjustatank wrote: This isn't how inflation analysis works. Inflation has one reference point, the year to which you want to relate all other dollar amounts. As such the inflation rate between the year 1978 dollar and the 1986 dollar doesn't matter if you want to actually know what both amounts are in terms of 2012 dollars. I'm aware of that. I phrased my question poorly, but I discovered the answer myself anyway =p. Don't mind me. | ||
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ThE_OsToJiY
Canada1167 Posts
Nice looking article though. | ||
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itsjustatank
Hong Kong9145 Posts
On October 03 2012 00:31 ThE_OsToJiY wrote: Why is this relevant? This is applicable to every business transaction ever, not just eSports.. Nice looking article though. It's relevant exactly because it is applicable to every business transaction ever, and eSports isn't doing a good job of accounting for it. | ||
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ThE_OsToJiY
Canada1167 Posts
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itsjustatank
Hong Kong9145 Posts
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mathsucks
194 Posts
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